Terms of cooperation
These terms of cooperation apply to all agreements entered into, both written and oral, regarding the provision of services between the customer, and
Dania Accounting ApS
Raadhuspladsen 16, M
1550 Copenhagen V
Denmark
CVR: 41798459
From now on, referred to as the service provider.
These terms of cooperation cancel all previous terms of cooperation between the service provider and the customer.
The terms of cooperation in force at any given time are considered an integral part of any agreement between the customer and the service provider.
It is the obligation of the customer to periodically review these terms of cooperation.
Changes to the terms of cooperation will be announced on this page only.
1. General terms
The terms of cooperation that were in force when the agreement was entered into can be changed at any time by the service provider with one month’s notice.
The service provider will notify the customer via this page when this happens.
If the customer cannot approve changes made to the terms of cooperation, the customer can terminate the agreement with one month’s notice.
The customer and the service provider may enter into special agreements that deviate from these terms of cooperation.
Special agreements complement these terms of cooperation.
2. Terms of payment
The payment term is seven days net.
In case of late payment, interest is charged with 2% per month.
A late fee of 200 DKK is charged for sending reminders for outstanding payments.
The service provider can submit debt collection claims to the court.
If debt collection is submitted to the court, additional costs for judicial debt collection must be expected.
The ownership of the work performed by the service provider does not transfer to the customer until the service provider has received payment of any claim from the service provider.
3. Prices of services
3.1. Accounting services
Accounting services are invoiced according to elapsed time.
An invoice is sent every month with a timesheet documenting the work done by the service provider.
The service provider offers the following hourly rates for accounting services:
375 DKK + VAT for customers with at least 20 hours of accounting services per month
450 DKK + VAT for customers with 3-19 hours of accounting services per month
550 DKK + VAT for customers with 1-2 hours of accounting services per month
A minimum of 1 hour per month (550 DKK + VAT) is invoiced.
The hours you need and the hourly rate applied are based on a monthly average during a calendar year. We estimate the number of hours needed per month in the beginning and then adjust the hourly rate during the year if necessary.
The service provider may request a retainer.
3.2. Payroll services
Payroll services are invoiced according to elapsed time.
An invoice is sent every month with a timesheet documenting the work done by the service provider.
The service provider offers the following hourly rates for payroll services:
375 DKK + VAT for customers with at least 20 hours of payroll services per month
450 DKK + VAT for customers with 3-19 hours of payroll services per month
550 DKK + VAT for customers with 1-2 hours of payroll services per month
A minimum of 0,5 hours per month (275 DKK + VAT) is invoiced.
The hours you need and the hourly rate applied are based on a monthly average during a calendar year. We estimate the number of hours needed per month in the beginning and then adjust the hourly rate during the year if necessary.
The service provider may request a retainer.
How many hours does the service provider need to provide the payroll service?
As a guideline, expect an average of 15-30 minutes per payslip.
3.3. Annual report and income tax return services
Annual reports and income tax return services are invoiced according to elapsed time.
The service provider offers the following hourly rate:
800 DKK + VAT
The service provider invoices an estimated amount of hours before preparing the annual report and income tax return, which the customer prepays.
After finalising the annual report, a timesheet documenting the work done is sent to the customer with a final settlement.
A minimum of 3 hours (2.400 DKK + VAT) is invoiced.
How many hours does the service provider need to provide the annual report and income tax return service?
As a guideline, expect the following:
Sole proprietorships: 5-8 hours annually
Holding companies: 5-8 hours annually
ApS and A/S: 10-20 hours annually
The time needed depends on the complexity of the annual report and income tax return.
3.4. Changes in prices
Prices are subject to change with one month’s notice.
4. Duration and termination
The service provider and customer can terminate the agreement with three months’ notice until the end of a calendar month.
However, the customer may terminate the agreement with one month’s notice if the service provider changes the terms of cooperation or price.
If the customer lowers the amount of work during the termination period by more than 20%, then the service provider is entitled to invoice an average of the previous 6 months’ fee during the termination period.
The agreement also terminates in the event of the service provider’s or customer’s forced dissolution, bankruptcy, reconstruction or death.
In the event of non-payment, the service provider may terminate the agreement without notice.
Also, in the event of non-payment, the service provider is not obligated to provide any additional services until the full due balance has been settled.
The service provider may also terminate the agreement without notice if the customer does not comply with applicable legislation or if suspected of breaching the Money Laundering Act or other legislation.
5. Confidentiality
The service provider undertakes a duty of confidentiality in all matters concerning the client’s financial and personal issues.
Likewise, the customer is not entitled to bring reviews of the service provider or its services online, on social media or on websites without obtaining prior written consent from the service provider.
The customer must pay a fee to the service provider of 2.000 DKK per day, as long as the customer has a story, comment, review or description published on the Internet or elsewhere without permission from the service provider.
The customer is also responsible for and shall pay a fee of 2.000 DKK per day for reviews made by the customer’s shareholders, management, employees or other people related to the customer, directly or indirectly.
This clause is in effect both during and after the agreement ends.
6. Power of attorney
When the customer hands out passwords for use on the Danish Tax Office’s self-service website “TastSelv” to the service provider or when creating access with a digital signature, the customer also authorizes the service provider to use all the functions contained in “TastSelv”.
A power of attorney is revoked by changing the passwords or cancelling access with the digital signature, whereby the service provider no longer has access.
7. The customer’s duty to make a complaint and the service provider’s right to remedy
7.1. Complaints
Complaints regarding work performed must be submitted from the customer to the service provider within 24 months of sending the invoice for the work performed.
7.2. The right to remedy
The service provider has the right to remedy errors.
8. Service provider’s liability
The service provider is not liable if the customer suffers financial loss due to errors or delays.
9. Employees
Should an employee or contractor working for the service provider start to work directly for the customer or other entities, including shareholders, management, employees or other people directly or indirectly related to the customer, without approval from the service provider, then the customer shall pay a replacement fee within 7 days to the service provider, which equals the last 12 months of service fees or a minimum of 300.000 DKK.
The replacement fee covers recruiting and training a new employee or contractor.
This clause is in effect both during and after the agreement ends.
10. Court
Disagreements between the parties, which cannot be resolved by negotiation, must be resolved by the court in Copenhagen, regardless of who brings the case.
(These terms of cooperation were updated on 27.3.2024)